Centrica (LON:CNA)‘s stock had its “sell” rating reiterated by analysts at Deutsche Bank in a report released on Friday. They presently have a GBX 125 ($1.70) target price on the integrated energy company’s stock. Deutsche Bank’s price objective would suggest a potential downside of 12.68% from the stock’s previous close.
CNA has been the subject of several other reports. Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 225 ($3.05) target price on shares of Centrica in a report on Wednesday, November 8th. Royal Bank of Canada decreased their target price on shares of Centrica from GBX 210 ($2.85) to GBX 150 ($2.03) and set a “sector performer” rating for the company in a report on Tuesday, November 28th. Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 190 ($2.58) target price on shares of Centrica in a report on Thursday, November 23rd. Citigroup reaffirmed a “neutral” rating and issued a GBX 145 ($1.97) target price on shares of Centrica in a report on Friday, December 1st. Finally, Jefferies Group decreased their target price on shares of Centrica from GBX 190 ($2.58) to GBX 155 ($2.10) and set a “hold” rating for the company in a report on Friday, December 8th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. Centrica has an average rating of “Hold” and an average price target of GBX 187.59 ($2.54).
Centrica (CNA) traded up GBX 1.70 ($0.02) during trading hours on Friday, reaching GBX 143.15 ($1.94). 40,256,367 shares of the company traded hands, compared to its average volume of 19,860,000. Centrica has a 1-year low of GBX 119.71 ($1.62) and a 1-year high of GBX 236.50 ($3.21). The company has a market capitalization of $8,020.00 and a price-to-earnings ratio of 1,431.50.
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Centrica Company Profile
Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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